Ohio – City of Euclid Contractor Bond
AmeriPro Surety Bonds | 844-589-9732
Contractors in Euclid, Ohio
Contractors who choose to work in Euclid Ohio, must complete a registration packet, pay a licensing fee, obtain insurance, and furnish the city with a $25,000 contractor bond.
AmeriPro Surety Bonds offers the City of Euclid contractor bond as both a new and renewal surety bond.
City of Euclid Contractor Bond: Qualifying and the Premium
You are automatically approved for the $25,000 Euclid contractor bond. The premium is just $250 annually, and there is no credit inquiry.
When you call us, we’ll just ask you basic questions:
- The name, exactly as it should appear on your bond;
- You contact information, including your address, email and business phone number.
After payment of the $250 premium, we issue the bond to you immediately. Upon receipt of your bond and Power of Attorney, you’ll sign your bond as Principal and mail all forms to:
City of Euclid
585 East 222nd Street
Euclid, OH 44123
***Premium Prepayment Options***
At $250 premium, this bond is active for one year and will renew on the anniversary of its issuance. You may prepay your premium up to 3 years, which saves you over annual renewals. The premium prepayment amount and savings are as follows:
- If prepaid for 2 years, the premium is $450, a $50 savings;
- If prepaid for 3 years, the premium is $650, a $100 savings.
City of Euclid Contractor Bond: The Purpose of this Surety Bond
The City of Euclid contractor bond is a financial guarantee that you as licensed contractor will be in full compliance with Euclid’s Building Code.
The $25,000 surety bond protects the City of Euclid from any failure on your part to comply with statutory regulations involved in contracting for the city. We do not write of only “general contractors”; but we include all contractors who are required to be licensed in the city.
The protection offered to the City of Euclid also extends to contracting work done by any employees and any subcontractors whom you hire in connection with work performed.
While the city also requires you to obtain an insurance policy, the surety bond is solely for the protection of the City of Euclid and its residents.
As such, any claims which are paid against your surety bond become your legal obligation to reimburse in full for all costs and fees involved in the settlement of the claim.
AmeriPro Surety Bonds is a surety bonds-only agency which provides contractor surety bonds throughout Ohio.
Our agency also provides license and permit, court, and fiduciary surety bonds in Ohio and nationwide.
We encourage you to call us today at:
Or, you may fill out the form below…